Agriculture plays a vital role in the Indian economy. It is the primary source of livelihood for more than 58% of the population in India. It contributes approximately 18% to the country's Gross Domestic Product (GDP). The sector is characterized by its diverse cropping patterns, owing to the varied agro-climatic conditions across the country.
Agriculture in India is highly dependent on monsoon rains, which makes it vulnerable to droughts and floods. Despite this, the sector has shown resilience and has witnessed steady growth over the years. The green revolution in the 1970s, which introduced high-yielding varieties of seeds, modern irrigation techniques, and the use of fertilizers and pesticides, revolutionized the sector and led to an increase in food grain production.
The government has taken several initiatives to boost the agriculture sector. These include the provision of credit facilities to farmers, the creation of a national market for agricultural produce, and the implementation of various schemes to provide financial support to farmers. The government has also introduced several policies to encourage the use of modern technologies in agriculture, such as precision farming and the use of drones for crop monitoring and pest control.
Agriculture is not only an important source of food, but it also plays a crucial role in the rural economy. The sector provides employment to a large number of people, particularly in rural areas. It contributes to the development of rural infrastructure and helps in the overall socio-economic development of the country.
In conclusion, agriculture plays a vital role in the Indian economy. It is the primary source of livelihood for a large section of the population and contributes significantly to the country's GDP. The government has taken several initiatives to boost the sector and improve the lives of farmers. Despite the challenges faced by the sector, agriculture has shown resilience and will continue to play a crucial role in the development of the Indian economy.
The Importance Of Agriculture In India
However, soon there was a Green Revolution in India, due to which it became self-sufficient in terms of food grains as well they started exporting to other countries. There will be more vertical and urban farming, and there will be long-term efforts to find new areas for production, such as barren deserts and seawater. This will encourage the farmers to adopt innovative technologies, enhance the crop productivity, and they will be more willing to take risks. The methods of industrial agriculture are techno science, economic, and political. Despite its shrinking share in national income and losing its dominance in rural income, the performance of the agricultural sector remains a matter of central concern to policy makers and the public at large Chand et.
Essay on Role of Agriculture in Indian Economy
Indian railway along with the state transport system also earn a handsome revenue as freight charges for agricultural products, both-semi finished and finished ones. Since these activities require large capital, a longer period is required to repay these loans due to their non — liquidating nature. At present, it is only the genetically modified Bt cotton which is sold in the Indian market. Credit is other wise called as loan. Collateral Security: Here the property is pledged to secure a loan. By describing the dynamic analysis in the livelihoods of developing countries, the historical changes that had occurred in rural communities, can be understood. Agriculture also provides the market for a variety of goods.
Role of Agriculture in Indian Economy (7 Roles)
However this has not been possible due to some political reasons. Although farming nowadays is considered limited to the production of crops, but it is a much larger area includes animal husbandry, milk production, etc. People grow crops like soybeans, corn, and cotton. Technology to link the farming community with local and global markets. In India, instead of food crops, the emphasis was on growing commercial plants, which led to a food crisis in India at the time of independence. Cotton and jute textiles, sugar, vanaspati, edible oil plantation industries viz.
Essay on Agriculture for all Class in 100 to 500 Words in English
Farmers Put in Long Hours We, the average guy, have no idea how much hard labor a farmer puts in on a daily basis. Therefore, unless agriculture can supplement the surplus of foodstuffs in the market, a crisis is bound to arise. However, the overall growth rate is not evenly distributed across regions or crops. . The supply of agricultural commodities is equally important for the economy.
Essay on Agriculture and Indian Economy
Because most underdeveloped countries have low rates of educational attainment, farming is a popular source of employment. Topsoil depletion, groundwater contamination, the decline of family farms, continued neglect of the living and working conditions for farm labourers, increasing costs of production, and the disintegration of economic and social conditions in rural communities. Marketing loans: These loans are meant to help the farmers in overcoming the distress sales and to market the produce in a better way. State Bank of India: State Bank of India has taken initiative to do away with scales of finance fixed for various crops by district technical committees to facilitate farmers to avail need-based production loans based on the improved package of practices followed by farmers for growing crops. It manages several other bodies such as the National Dairy Development Board in order to take care of the development of other allied agricultural sectors. The government needs to focus on the infrastructure of rural areas such as connecting roads, market yards and warehouses.
